Alkhabeer REIT is a closed ended Sharia compliant real estate investment traded fund established on 16.12.2018G under the applicable laws and regulations of the Kingdom of Saudi Arabia. The Fund is subject to Capital Market Authority CMA regulations and instructions. Its total capital is SAR 664,423,860 with term of 99 years starting as of the date of listing of the Units on the Saudi Securities Exchange Tadawul. The Unit price at inception is SAR 10. The Fund''''s main investment objective is to generate rental income yield and periodic cash distributions of not less than 90 percent of the Funds annual net profits, by investing not less than 75 percent of the Funds total assets, according to its last audited financial statements, in income generating real estate assets in the Kingdom of Saudi Arabia excluding Makkah and Medina. The Fund Manager is Alkhabeer Capital, a Saudi closed joint stock company registered in the commercial registration of the Kingdom of Saudi Arabia under no. 4030177445. It is a CMA authorized person, License No. 37,07074. The Fund is subject to the Sharia Boards guidelines in its investments and transactions. The Fund''''s assets were valued by Intimaa Advanced Company and White Cubes Company. The Fund''''s Custodian is Alinma Investment Company.
Alkhabeer REIT Fund Dividend Announcement
• Alkhabeer REIT Fund announced a quarterly dividend of ر.س0.10 per ordinary share which will be made payable on 2025-01-06. Ex dividend date: 2024-11-12
• Alkhabeer REIT Fund annual dividend for 2024 was ر.س0.42
• Alkhabeer REIT Fund annual dividend for 2023 was ر.س0.42
• Alkhabeer REIT Fund's trailing twelve-month (TTM) dividend yield is 7.53%
• Alkhabeer REIT Fund's payout ratio for the trailing twelve months (TTM) is 89.57%
Alkhabeer REIT Fund Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-12 | ر.س0.10 | quarterly | 2025-01-06 |
2024-08-11 | ر.س0.10 | quarterly | 2024-10-06 |
2024-05-15 | ر.س0.10 | quarterly | 2024-07-18 |
2024-02-11 | ر.س0.10 | quarterly | 2024-04-01 |
2023-11-09 | ر.س0.10 | quarterly | 2024-01-07 |
2023-08-10 | ر.س0.10 | quarterly | 2023-10-08 |
2023-05-18 | ر.س0.10 | quarterly | 2023-07-23 |
2023-02-09 | ر.س0.10 | quarterly | 2023-04-11 |
2022-11-14 | ر.س0.12 | quarterly | 2022-12-26 |
2022-08-18 | ر.س0.12 | quarterly | 2022-09-28 |
2022-05-22 | ر.س0.12 | quarterly | 2022-07-03 |
2022-02-14 | ر.س0.12 | quarterly | 2022-03-24 |
2021-11-14 | ر.س0.12 | quarterly | 2021-12-26 |
Alkhabeer REIT Fund Dividend per year
Alkhabeer REIT Fund Dividend growth
Alkhabeer REIT Fund Dividend Yield
Alkhabeer REIT Fund current trailing twelve-month (TTM) dividend yield is 7.53%. Interested in purchasing Alkhabeer REIT Fund stock? Use our calculator to estimate your expected dividend yield:
Alkhabeer REIT Fund Financial Ratios
Alkhabeer REIT Fund Dividend FAQ
Other factors to consider when evaluating Alkhabeer REIT Fund as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Alkhabeer REIT Fund's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Alkhabeer REIT Fund publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Alkhabeer REIT Fund distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Alkhabeer REIT Fund are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Alkhabeer REIT Fund sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Alkhabeer REIT Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alkhabeer REIT Fund declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Alkhabeer REIT Fund's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Alkhabeer REIT Fund's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.